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AngloGold Ashanti H1 profit $33 million, revenue down 5.3%

AngloGold Ashanti
AngloGold Ashanti   Revenue for the first half of the year fell to $2 billion

AngloGold Ashanti swung to a profit of $33 million in the six months ended June 30, away from a net loss of $176 million in the year-earlier period.


Revenue for the first half of the year fell 5.3% to $2 billion, AngolGold Ashanti said.

The company said it expects to meet the top end of its full-year production guidance, which is in a range between 3.3 million-3.5 million ounces of gold.

All-in sustaining costs are expected between $990-$1,060 per ounce, AngolGold Ashanti said.

 

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